The Legal Services of Lattas Law

The recipient of a juris doctor and a master of accountancy from Indiana University, Robert Lattas has taught at Nova Southeastern University and DePaul University. Robert Lattas has concurrently operated a private law practice, Lattas Law, in Chicago since 2002.

Real estate is one of Lattas Law’s primary areas of practice. Focused on residential real estate, its attorneys teach clients who are buying or selling properties about their legal rights and obligations, negotiate contracts, review documentation, and ensure that buyers receive clear and good title to their properties. Moreover, Lattas Law attorneys help clients understand various related financial considerations, explaining, for example, the consequences of how married couples categorize home ownership.

Business owners can also turn to Lattas Law for guidance. Among other services, the firm’s attorneys provide advice on company formation and structure and, after discussions with a client, can determine whether an S or a C corporation, a limited liability company, or a partnership would best serve the client’s purposes. Additionally, they offer counsel on high-level tax matters. To book an appointment with the firm, visit www.lattaslaw.com.

How Buyers and Sellers Can Prepare for an Appraisal




Robert Lattas, who has practiced real estate law in Chicago for more than 10 years, has helped thousands of clients complete successful property transactions. At his firm, the Law Office of Robert D. Lattas, he advises investors, developers, buyers, and sellers on a range of issues, including lending and appraisal matters.

Sometimes an unexpected home appraisal figure can throw a wrench into a sale contract. A few tips can help ensure that both buyers and sellers are prepared for the appraisal stage. First, buyers should make sure that their contract includes a contingency clause that returns the down payment to them if the appraisal value is below the offer amount. From there, the buyer can choose to renegotiate the offer or walk away without penalty.

Sellers should prepare for the appraisal by researching county records. While the county may over- or underestimate the home’s value, appraisers do generally take the county’s assessment into account. Also, sellers should keep in mind that customized upgrades do not always add value to the home. In fact, highly specialized modifications can lower the appraisal value.